Real estate in Hungary. Hungarian property prices

Foreign buyers are always attracted to real estate in Hungary as the price of properties here is rather low as compared to the European average and the taxation regime is favourable. The country is famous for its health resorts. Hévíz, the world's largest thermal lake, among other thermal springs and wellness baths, is located here.

Budapest is a popular destination to buy properties chosen by business people, investors, parents of students that relocate to study in European universities. Apartment prices vary from €600/sq. m. to €1,100/sq. m. A house or a villa can sell for €1,000–1,500/sq. m. A prime mansion of about 1,000 sq. m. in the heart of the capital can cost up to €2,000,000. €1,000,000–1,500,000 would buy a villa of 400–600 sq. m. The prices of Hungarian real estate in the regions are usually lower than in the capital.